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enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of
enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the...
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Sep 30, 2012
09/12
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? -- how can that be right? the average income of those folks is $8.4 million the year. -- per year. they do not need a tax cut. that what? -- guess what? middle-class families need a a hand up. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney ha
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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Oct 1, 2012
10/12
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who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern obviously would just be for the -- his mental well-being. >> wait? what? mrs. romney, that's not helping. you better finish the thought. >> i have all the confidence in the world in his ability, in his decisiveness, in his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy, you know, the pieces that are missing to get this jump started. so for me i think it would be the emotional part of it. >> right. he's capable, decisive, and emotionally troubled? well, that is an october surprise. let's get right to our panel this afternoon. wit
who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern...
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Sep 30, 2012
09/12
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he blamed republicans and the bush should ministration for the deficit. >> by the times be rains were turned over to barack and me, they had doubled the national debt in eight years. >> today, paul ryan campaigned in new hampshire. the granite state has four electoral votes. but that could make a difference in the race that could come down to a handful of states. >> thank you for sending mitt romney to the white house and barack obama back to chicago. >> the campaign is shifting to a different stage this week with wednesday night's showdown between president obama ann romney. >> if you have taken a look at the history of debates, it is not about policies. is not about facts. it has changed because someone did badly or did well. >> both candidates are in intense prep sections. romney may have the most on the line. his campaign is looking at this as a chance for a game changer. >> one more note from the campaign trail. and a four paul ryan has confirmed -- and aide for paul ryan has confirmed you will spend three days preparing for his debate with vice president joe biden. and new infor
he blamed republicans and the bush should ministration for the deficit. >> by the times be rains were turned over to barack and me, they had doubled the national debt in eight years. >> today, paul ryan campaigned in new hampshire. the granite state has four electoral votes. but that could make a difference in the race that could come down to a handful of states. >> thank you for sending mitt romney to the white house and barack obama back to chicago. >> the campaign is...
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Oct 6, 2012
10/12
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KQED
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee under which she could not go. that's the perspective i bring when i talk about what's called entitlements. the name implies some sort of dependency on the part of folk. these are folks that have worked hard, like my grandmother and millions are counting on this. my approach is to say how do we strengthen the system over the long term? in medicare, what we did, we said we are going to have to bring down the costs if we are going to deal with long-term deficits. to
that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked...
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Sep 30, 2012
09/12
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it's not a deficit reduction issue. and simpson bowles was. >> i disagree, my friend. if you get more of those people saying, i'm not going to have to pay a lot. and 8 out of 10 americans are for all americans putting some skin in the game. so, don't think you've got to-- >> and we're probably as well, but you don't have to get on your liberal high horse about that, but i'm saying the fact of the matter is it's out of control, that's all i'm saying, out of control. we're going to take a break and when we come back, it used to be that. >> i love that idea of watching someone become an activist, so many of the issues that are important to me, like want to get to my knees and thank them. >> anyway, even the star of the latest fox movie "won't back down", well, we'll be covering the upcoming presidential debates, and the president and vice-president, and this wednesday, colorado, hollywood stars are all over it and why not i'm covering it. continues on fox business network, and each night, 8 p.m. eastern time right through midnight, so. get fired up. >> you go crazy with y
it's not a deficit reduction issue. and simpson bowles was. >> i disagree, my friend. if you get more of those people saying, i'm not going to have to pay a lot. and 8 out of 10 americans are for all americans putting some skin in the game. so, don't think you've got to-- >> and we're probably as well, but you don't have to get on your liberal high horse about that, but i'm saying the fact of the matter is it's out of control, that's all i'm saying, out of control. we're going to...
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Oct 6, 2012
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you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for them? >> they are backing away from the edge. there is no question that this was a make or break moment for governor romney. if he had not shown up like he did in denver, you would have seen a really ugly scene here. a lot of folks in his party would have backed away from him. this puts him back in the game, it restores confidence among other people running for the house and senate this year who are now happy to be seen with him. it gives them a real boost when they desperately need it. he still has problems and a lot of swing states. this puts them
you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for...
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Oct 3, 2012
10/12
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it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you?...
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Sep 28, 2012
09/12
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one of the toughest pieces of legislation that i had to pass of a deficit and re reduction a, we got it back from the senate 45 billion, and by time it of 40 billion its was a huge lift. neil: did you it and you are proof that you know that kind of stuff can get done, you both, serve your country admirably, have you have to go back to washington, and fix this. thank you very much. >> you're welcome. neil: we'll have more right after this. i know the name of eight princesses. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. pettus. >> you might not believe this but as a kid i would have to explain a bad grade to my parents. i came up with duties. one time i said this teacher was ridiculously tough. trying to make lemonade i remi
one of the toughest pieces of legislation that i had to pass of a deficit and re reduction a, we got it back from the senate 45 billion, and by time it of 40 billion its was a huge lift. neil: did you it and you are proof that you know that kind of stuff can get done, you both, serve your country admirably, have you have to go back to washington, and fix this. thank you very much. >> you're welcome. neil: we'll have more right after this. i know the name of eight princesses. i'm an expert...
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Oct 3, 2012
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lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according to the country's prime minister, who told reporters yesterday that plans to request a bailout are not set in s
lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400...
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Oct 4, 2012
10/12
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no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600 and the reason is because i believe that we do best when the middle class is doing well and by giving them those tax cuts they had a little more money in their pocket, so maybe they can buy a new car, they are certainly in a better position to weather the extraordinary recession we were in to. they are spending more money. businesses have more customers, make more profits, and hire more workers. now governor romney's proposal calls for a $5 trillion tax cut on top of $2 trillion of additional spending
no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes...
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Sep 30, 2012
09/12
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[cheers and applause] we have already reduced the deficit. in four years, we will reduce it by another $1 trillion. there is an easy way to do this. we have to make some difficult decisions. we have to ask the very wealthy to pay more. ladies and gentlemen, we are going to end the war in afghanistan as we did in iraq. [cheers and applause] and in the process, over the next decade, save over $800 million. we're going to come home with that money and put half of it down to reduce the debt and half of it to rebuild america! [cheers and applause] roads, bridges, schools. that will support millions over time. initially, tens of thousands of new, good paying, decent jobs that you can raise a family on. folks, one more thing. in this country, we only have one truly sacred obligation. we have a lot of obligations to the elderly, to the young. we only have one truly sacred obligation. that is to equip and support those whom we sent to war and care for them when they come home from war. [cheers and applause] how many of you either have personally serve
[cheers and applause] we have already reduced the deficit. in four years, we will reduce it by another $1 trillion. there is an easy way to do this. we have to make some difficult decisions. we have to ask the very wealthy to pay more. ladies and gentlemen, we are going to end the war in afghanistan as we did in iraq. [cheers and applause] and in the process, over the next decade, save over $800 million. we're going to come home with that money and put half of it down to reduce the debt and...
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Oct 5, 2012
10/12
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can't defend the failed policies that have been implemented that have added so greatly to our debt, the deficit spending, the broken promises, unemployment numbers, the allies on the international stage who are now confused and more distrustful of america. all the problems that have been created in the last four years, his failed policies leading to those problems. he couldn't defend them. so he was lost in having a strong, core conviction about why he should be elected. he didn't have a trel prompter in front of him and he didn't have the filter of the liberal media, precking him and coddling him and ushering him through a debate, a venue that he is so used to, so the reality that really hit home for all of those millions of viewers. >> greta: i can't imagine -- even the people who were most critical of him, who are his most passionate supporters, i can't imagine, even though they thought he did a lousy job at the debate, that's my word, not theirs, but they have harsh words for him. they are still going to vote for it -- for him. how do you measure whether or not it had an impact on the indec
can't defend the failed policies that have been implemented that have added so greatly to our debt, the deficit spending, the broken promises, unemployment numbers, the allies on the international stage who are now confused and more distrustful of america. all the problems that have been created in the last four years, his failed policies leading to those problems. he couldn't defend them. so he was lost in having a strong, core conviction about why he should be elected. he didn't have a trel...
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Sep 30, 2012
09/12
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the thing with the car thing, we all have to pay a higher gas tax and help the deficit, and have the cars making 80 miles per hour and we're the ones driving far. >> you say you want to wave the flag for patriotism, you say there's something to it? >> yeah, sure, first of all, you've got to give the guy a nod. here is a guy that the right wing loons have been calling manchurian candidate from kenya the last four years and kind of amusing to watch him waving old glory in their faces, but i will share some, something-- >> yeah, how amusing is it to see our debt go higher? >> oh, well, i'm not sure that either of these candidates has taken anything terribly serious about the debt. i mean, at least obama is talking about raising taxes and revenue and i don't think we know what romney's plan is, he won't share any details with us. i'll tell you what though, you say everything is about cutting spending. you know, gary, europe has been cutting spending like crazy and look where europe's headed. their talk, a lot of evidence that they're in recession now, because they've been way overaggress
the thing with the car thing, we all have to pay a higher gas tax and help the deficit, and have the cars making 80 miles per hour and we're the ones driving far. >> you say you want to wave the flag for patriotism, you say there's something to it? >> yeah, sure, first of all, you've got to give the guy a nod. here is a guy that the right wing loons have been calling manchurian candidate from kenya the last four years and kind of amusing to watch him waving old glory in their faces,...
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Sep 28, 2012
09/12
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one of the toughest pieces of legislation that i had to pass of a deficit and re reduction a, we got it back from the senate 45 billion, and by time it of 40 billion its was a huge lift. neil: did you it and you are proof that you know that kind of stuff can get done, you both, serve your country admirably, have you have to go back to washington, and fix this. thank you very much. >> you're welcome. neil: we'll have more rig with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it mak
one of the toughest pieces of legislation that i had to pass of a deficit and re reduction a, we got it back from the senate 45 billion, and by time it of 40 billion its was a huge lift. neil: did you it and you are proof that you know that kind of stuff can get done, you both, serve your country admirably, have you have to go back to washington, and fix this. thank you very much. >> you're welcome. neil: we'll have more rig with the spark miles card from capital one, thor's couture gets...
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Sep 30, 2012
09/12
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why hasn't this become at least thbeginning of a serious discussion about reducing the federal deficit? >> it was the starting point and there were a lot of good ideas in that particular commission. what we really stuck with -- ultimately, you have to put the whole thing into a budget to make it work. you have to balance those different elements and saywhat is a reasonable approach? it is all but what -- like what if -- it is a little bit what like families have to do. the budget has been set up for a vote and the budget has passed. was the budget i would have written? no, it was not quite as conservative. it was still a reasonable approach that puts us back on track to recovery. those budgets, of course, go where? to the senate. what happens when we send bills to the senate? they die. the budget saw in the senate and died. -- sat in the senate and died. that is the reason i am running for the senate. the senate cannot get anything done. it is the fed's rule of law that we are supposed to have a budget every year. i do not think the debt ceiling increase and another 10%, the sequestrat
why hasn't this become at least thbeginning of a serious discussion about reducing the federal deficit? >> it was the starting point and there were a lot of good ideas in that particular commission. what we really stuck with -- ultimately, you have to put the whole thing into a budget to make it work. you have to balance those different elements and saywhat is a reasonable approach? it is all but what -- like what if -- it is a little bit what like families have to do. the budget has been...
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Oct 4, 2012
10/12
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no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as they're paying now. >> but they shouldn't pay more. >> i thought one of the best lines is that basically we're tired of trickle down government. and he turned the tables on the president. we have the president who believes it will government is the last answer to everything. do you think that is going to be a political liability in the state of florida? >> well, keep in mind, he brought up pretty forcefully that the president cut medicare. he also said that look, we are going to keep medicare exactly as it is for those 55 years or older. but we have to do something to help th
no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as...
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Sep 30, 2012
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joe biden campaigned in florida where he argued the obama administration inherited a trillion dollar deficit from the bush administration >>> that the two wars on a credit card without paying a penny >>> president obama and mitt romney tucker downed cramming for next week's debate showdown both sides work hard to lower expectations by praising their opponent. romney says the president has the advantage is one of the talented political communicators in modern history obama says romney has the edge to betting about two dozen times during the republican primary >>> in the both have ample experience debating but gov. romney has more practice recently >>> she runs the annenberg center at university of pennsylvania >>> in the challenger has the opportunity to challenge she is competent to stand his own against the president a challenger who accomplishes that wins the first debate >>> jamison says hope candidates called for a big moment that candidates remember like john mccain said bonn from a plumber that question president obama >>> john mccain alluded to joe the plumber and that barack obama wo
joe biden campaigned in florida where he argued the obama administration inherited a trillion dollar deficit from the bush administration >>> that the two wars on a credit card without paying a penny >>> president obama and mitt romney tucker downed cramming for next week's debate showdown both sides work hard to lower expectations by praising their opponent. romney says the president has the advantage is one of the talented political communicators in modern history obama says...
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Oct 4, 2012
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the deficit was front and center. react to this. >> the president said he would cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last fur -- four years. the president put almost as much debt held by the public as all prior presidents combined. >>neil: what he was saying, whatever you inherited you did that and then some. did that register? >>guest: again, it is like delivering a spanking in the boardroom, point one, point two, point three, you said this was the budget. you didn't do it. you said this is the revenue, you didn't do it. the promised the people this, you didn't do it. i can. it made a compelling point not just to people that are loyal to mitt romney but also people that are undecided. i believe, also, the conviction, you could see it, that president obama literally started submitting through the debit to the points. >>neil: it is interesting. very interesting dissertation to wrap your arms around what was an economic tutoring. very weird. forget about getting the undecid
the deficit was front and center. react to this. >> the president said he would cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last fur -- four years. the president put almost as much debt held by the public as all prior presidents combined. >>neil: what he was saying, whatever you inherited you did that and then some. did that register? >>guest: again, it is like delivering a spanking in the boardroom, point one, point two, point three,...
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Oct 6, 2012
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and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going there anyway. >> all right, i tell what you, guys, we may, to adam's point have it for a couple of days, but tell you charlie the only reason we will have it for a couple of days the markets would react if this things started. >> i agree. why would the markets react if you're going to do something-- >> got you there. >> and the same way it reacted last year when we talked about double dip recession. >> that was a default. >> and cut spending, charlie, the economy-- >> and everyone made great points, by the way, neil is not waiting around for lawmakers for this f
and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what--...
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will take away home mortgage deductions from the middle class that adds up to trillions of dollars in deficit why? because the giant tax cut for the rich. that's why he doesn't want get into the math, and that's why romney will have a tough time at the debates. facts are not on their side. obama has boxed them in on so many issues, highways been right wing. they can't criticize him from the progressive so they have to go further right. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> this used to be a republican idea by the way the individual mandate. it's like they have amnesia. >> i will close guantanamo. >> i believe we need to look forward as opposeed to looking backwards. >> n.a.t.o. will maintain an enduring commitment. >> we then offer additional $650 billion in cuts to entitlement programs. >> this is a targeted focused effort at people who are on a list. >> there are a lot of republican who is are puzzled as to why it couldn't get done. >> i told them i'm prepared to do additional spending cuts and entitlement reform. >> cenk: where are you g
will take away home mortgage deductions from the middle class that adds up to trillions of dollars in deficit why? because the giant tax cut for the rich. that's why he doesn't want get into the math, and that's why romney will have a tough time at the debates. facts are not on their side. obama has boxed them in on so many issues, highways been right wing. they can't criticize him from the progressive so they have to go further right. >> it is hard to understand why speaker boehner would...
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Oct 3, 2012
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the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
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Oct 4, 2012
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the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2 trillion over the next ten years. so, i mean, big bird is a big diversion to what he's really talking about in terms of the deficit. >> well, i think those of us out here crave specifics from governor romney. and when he's talked about this in the past, he's often thrown big bird under the bus. i don't know what would happen if he threw big bird under the bass. maybe the bus would go off the road. but never the let's, he has this little set piece he does. do you want to know what i'll cut? i'll cut pbs and big bird, the national endowment of humanities and the amtrak subsid
the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2...
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Oct 1, 2012
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including paul ryan tight-lipped on the specifics of the romney plan to cut taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers are split on how broadly they should hit the president over his handling of the attack and why it took so long to acknowledge it was an act of terrorism. some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was pa
including paul ryan tight-lipped on the specifics of the romney plan to cut taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers...
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Oct 2, 2012
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sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind of cracking-down are unbelievable by the standards that if we deal with this today it is not that big a deal. >> greta: governor, they're not even working on it. i mean, nothing is being done by anybody to work on it. absolutely zero. >> in all fairness, nothing has been done by barack obama. i mean, barack obama hasn't introduced a budget in three years that a democrat would vote for, but paul ryan has. >> greta: if i were a republican right now, i'd be here in washington, saying where's the president? >> but paul ryan has produced budgets, and the democrats say these terrible draconian budgets -- unde
sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind...
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Sep 30, 2012
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. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when he put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like to hear intellectual debates about policy said, great, bring it on, let's have a big debate about the philosophy of government. down in florida they don't care about the philosophy. >> all politics is local. >> they want the program, they like the program, don't mess with the program. >> thank you, howard. thank you very much for joining us. coming up, claire mccaskill versus todd aiken. it became a good bet for democrats. let's see how it is looking now. claire mccaskill, herself, joins us next. >>> with four judges in the supreme court in their 70s, the next president could d
. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when he put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like...
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you said you'd cut the deficit in half, it's four years later we have trillion dollar deficits. the c.b.o. says we'll have a trillion dollar deficit the next four years. if you're reelected we'll get to a trillion dollar debt. you said before you would cut the deficit in half. and i love this idea of $4 trillion in cuts. you found four trillion dollars to get closer to a balanced budget except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually you said it. back in 2010 you said i'm going to extend the tax policies that we have now. i'm not going to raise taxes on anyone because when the economy is growing slow like this, when we're in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. and so if you believe the same thing, you just don't want to raise taxes on people. and the reality is it's not just
you said you'd cut the deficit in half, it's four years later we have trillion dollar deficits. the c.b.o. says we'll have a trillion dollar deficit the next four years. if you're reelected we'll get to a trillion dollar debt. you said before you would cut the deficit in half. and i love this idea of $4 trillion in cuts. you found four trillion dollars to get closer to a balanced budget except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and...